Chernylo Sofia 4

What Happened
Sofia Chernylo, Chief Accounting Officer of NETSTREIT Corp. (NTST), was granted 4,125 LTIP units (reported as a derivative award) on February 12, 2026. The units were reported at $0.00 per unit (typical for equity awards), so there was no cash purchase price. The award was reported on a Form 4 filed February 17, 2026.

Key Details

• Transaction date: 2026-02-12; Form 4 filed: 2026-02-17 (appears to be a late filing).
• Transaction code: A (award/grant of a derivative). Reported quantity: 4,125 LTIP Units; reported dollar amount: $0.00.
• Shares owned after transaction: not specified in the provided excerpt.
• Footnote summary: These are Time-Based LTIP Units in NETSTREIT, L.P. that convert to Partnership common units upon vesting. Vesting occurs in roughly equal installments on each of the first three anniversaries of the grant (per footnote). After the second anniversary of a grant, each converted common unit is redeemable for cash equal to the market value of one share of NETSTREIT common stock, or, at the company’s election, one share of common stock. LTIP Units/Common Units have no expiration date.

Context
This was a standard equity compensation grant (not an open-market purchase or sale). Grants are common for executive compensation and do not by themselves indicate immediate buying or selling of company stock. Note the filing date is after the transaction date; late Form 4 filings can lead to regulatory scrutiny or corrective filings.